Banco Industrial de Venezuela
Banco Industrial de Venezuela (Industrial Bank of Venezuela), BIV, was a Venezuelan bank. In May 2009 the former president of BIV, Luis Rafael Quiro, was arrested for alleged corruption. The bank was at the time the largest state-run financial institution in the country.
BIV was established in 1937 with 60% state capital and 40% private. Over time the state took full control, and in the 1960s and 1970s it was an instrument in the government's import substitution policy of industrialization., in feb 11 2016 its assests were transferred to Banco del tesoro
- Los Angeles Times, 20 May 2009, Venezuela State-Owned Bank Boss Arrested After $90 Million Loss
- (Spanish) BIV, Nosotros // Quiénes Somos - Historia, accessed 4 August 2010
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